Japan’s Core Inflation Slowed to 1.7 Percent on the Day the Bank of Japan Raised Rates
Japan’s consumer prices excluding fresh food rose 1.7 percent in the year to August, in figures the Statistics Bureau published on 18 September, the same day the Bank of Japan voted 7 to 2 to raise its policy rate to around 1.25 percent. The all items index rose 1.9 percent and the measure excluding both…
